Life Principles Flashcards
What is Naval’s perspective on time?
Time is your most valuable asset; spend it wisely on things that truly matter.
How does Naval view luck?
There are four types of luck: blind luck, luck through persistence, luck through preparation, and luck by creating opportunities.
Why does Naval advocate for long-term thinking?
Long-term thinking leads to compounding gains in wealth, relationships, and happiness.
How does Naval define freedom?
Freedom is having control over your time and doing what you want, when you want.
What does Naval mean by “escape competition through authenticity”?
Be yourself; authenticity eliminates competition because no one can compete with you at being you.